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Fleming's

Topics

What cost pressures? Outback's parent sees significant Q2 margin growth

 By Peter Romeo on Jul. 30, 2021

Bloomin' Brands posted an average rise in restaurant-level operating profits of five percentage points.

Consumer Trends

Casual dining's traffic is nearly back to pre-pandemic levels, study finds

 By Peter Romeo on Jul. 16, 2021

The sector's customer counts should top 2019 levels by the end of summer, according to the report.

Leadership

Cooper's Hawk hires ex-Fleming's president Beth Scott to oversee operations

By Peter Romeo on May 14, 2021

The industry veteran will serve as the chief restaurant officer for the upscale casual dining concept and winery.

Operations

Outback gets a $21K pop from dining-room reopenings

By Peter Romeo on Jun. 11, 2020

Sales for the Bloomin’ brand have climbed to within 13.6% of 2019 levels.

Financing

Outback units reopen to 83% of pre-pandemic levels

By Peter Romeo on May 06, 2020

The shift by off-premise customers to dine-in service was minimal, according to the chain’s parent.

Operations

With strong off-premise sales, Bloomin’ forgoes furloughs

By Peter Romeo on Apr. 16, 2020

None of the Outback parent’s 90,000 employees have been laid off because of the COVID-19 crisis. Comps are down 31%.

Leadership

Outback’s parent strikes a truce with investor Jana Partners

By Peter Romeo on Apr. 09, 2020

Candidates supported by Jana will stand election for two of Bloomin’ Brands 10 board seats.

Financing

Investor pushes for more say in direction of Outback’s parent

By Peter Romeo on Feb. 03, 2020

Jana Partners said it intends to put up two candidates for Bloomin’ Brands eight-person board.

Financing

Investor presses Outback’s parent for a sale or breakup

By Peter Romeo on Sep. 03, 2019

Jana Partners is resuming its call for a strategic redirection two years after a truce was struck.

Emerging Brands

Fleming, Federico team up on a 6-unit upstart

By Peter Romeo on Aug. 01, 2019

The chain-building pair have invested in Boqueria, which they’ll also serve as directors.

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